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FLAT ROCK, IL 62427

Real Estate Market Report  ·  Crawford County
Balanced Market
March 2026  ·  Source: Realtor.com

Market Analysis

Data as of March 2026. Source: Realtor.com.

The FLAT ROCK, IL real estate market (62427) currently shows 1 active listings. Homes are averaging 65 days on the market before going under contract.

Inventory levels are unchanged compared to last year.

Homes are selling faster, averaging 65 days on market compared to 156 days last year.

The median listing price has fallen 58.1% year-over-year, from $569,900 to $239,000.

Whether you are buying or selling in FLAT ROCK, IL, SELL123.com can help you save significantly on commission — typically 2% compared to traditional 5% broker fees. Call (240) SELL-123 for a free consultation.

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Market Context

Market Context

Population: 1,948  ·  Density: 8.9/mi²  ·  Median household income: $66,536

Typical home value: $115,705  ·  Homeownership: 92.7%

Market Overview

Active Listings
1
vs 1 last year
Pending
0
0% pending ratio
Median Price
$239,000
⇩ 58.1% vs $569,900 last year
Average Price
$239,000
⇩ 58.1% vs $569,900 last year
Days on Market
65
⇩ 58.3% vs 156 days last year

Market Trends

Inventory & Days on Market

Year over Year
  • Days on market: 65 now vs 156 last year

Median & Average Pricing

Year over Year
  • Median: $239,000 (-58.1% YoY)
  • Average: $239,000 (-58.1% YoY)

12-Month Price Trend

Median & Average
  • Median and average listing prices over the past 12 months

12-Month Inventory Trend

Active & Pending
  • Active and pending listing counts over the past 12 months

Historical Trend Charts

Median Price
Average Price
Days on Market
Total Listings
Pending Listings
Active Listings
New Listings
Price Per Sqft
Price Reduced %

Nearby Real Estate Markets

Median Price Legend:
< $250K
$250K–$500K
$500K–$1M
$1M–$2M
> $2M
25 Nearby Zip Code Markets within 26.6 miles — 60 listings ($8,760,366 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
62427Flat Rock, IL 624270.0 mi1$239,000$239,000$239,000
62451Palestine, IL 624518.8 mi4$312,200$92,750$78,050
47561Oaktown, IN 4756112.0 mi6$594,828$99,100$99,138
47861Merom, IN 4786114.2 mi2$158,900$79,450$79,450
47516Bruceville, IN 4751615.0 mi4$433,868$84,950$108,467
62449Oblong, IL 6244916.3 mi6$1,160,400$189,950$193,400
62460Saint Francisville, IL 6246018.5 mi1$127,500$127,500$127,500
47512Bicknell, IN 4751219.5 mi16$2,117,920$105,925$132,370
62413Annapolis, IL 6241320.9 mi2$785,000$392,500$392,500
62410Allendale, IL 6241023.8 mi3$329,700$109,900$109,900
62477West Union, IL 6247724.9 mi2$110,000$55,000$55,000
47578Sandborn, IN 4757825.2 mi3$597,750$199,250$199,250
47879Shelburn, IN 4787926.6 mi10$1,793,300$158,400$179,330

Frequently Asked Questions

How many homes are for sale in FLAT ROCK, IL 62427?

As of March 2026, there are 1 active listings in FLAT ROCK, IL (zip code 62427), compared to 1 the prior year.

What is the median home price in FLAT ROCK, IL 62427?

The median listing price in FLAT ROCK, IL 62427 is $239,000 as of March 2026, a 58.1% decrease from $569,900 the prior year.

How long do homes stay on the market in FLAT ROCK, IL?

Homes in FLAT ROCK, IL 62427 spend an average of 65 days on the market before going under contract, compared to 156 days the prior year.

Is it a seller's or buyer's market in FLAT ROCK, IL 62427?

Based on current inventory and days-on-market data as of March 2026, FLAT ROCK, IL 62427 is currently a Balanced Market. Inventory levels are unchanged compared to last year. Homes are selling faster, averaging 65 days on market compared to 156 days last year.

How much can I save on real estate commission in FLAT ROCK, IL?

With SELL123.com's maximum 3% commission, sellers in FLAT ROCK, IL 62427 save an estimated $4,780 compared to a typical 5% commission on the median listing price of $239,000. Our fee structure: 1% listing + 2% selling broker — no additional buyer or seller fees. Call (240) SELL-123 or email info@SELL123.com for a free consultation.